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Wolfspeed Stock Soars
Wolfspeed Wins $1.5 Billion Financing From Chips Act, Apollo
Wolfspeed Inc., a manufacturer of chips used primarily in electric vehicles, is in line to win $750 million in US government grants as well as $750 million in financing led by Apollo Global Management Inc.
Wolfspeed Stock Soars as Semiconductor Maker Gets CHIPS Act, Apollo Financing
Shares of Wolfspeed jumped nearly 25% Tuesday when the maker of high-speed semiconductors reported it could receive as much as $2.5 billion in government and private funding.
EV Chipmaker Wolfspeed Wins $1.5 Billion Financing
Wolfspeed a manufacturer of chips used primarily in EVs, is in line to win $750 million in U.S. government grants as well as $750 million in financing led by Apollo Global Management.
devdiscourse
1d
Wolfspeed's U.S. Expansion: Silicon Carbide Tech Surge
U.S. chipmaker Wolfspeed is securing $750 million government funding for a North Carolina silicon carbide wafer plant. With ...
Compoundsemiconductor.net
1d
Wolfspeed announces $750M in CHIPS Act funding
The US Department of Commerce and Wolfspeed have signed a non-binding preliminary memorandum of terms (PMT) for up to $750 ...
The New York Times
1mon
Apollo Global Management
By Benjamin Mullin and Lauren Hirsch If Sony and
Apollo
Global
win the fight to buy the media company, they plan to keep the studio business and sell everything else. By Andrew Ross Sorkin, ...
2d
Wolfspeed Wins $1.5 Billion in Financing From Chips Act, Apollo
Wolfspeed Inc., a manufacturer of chips used primarily in electric vehicles, is in line to win $750 million in US government ...
1d
on MSN
Biden admin to invest $750 million in N. Carolina chipmaker Wolfspeed
Money will go to the chipmaker's new silicon carbide factory in North Carolina and factory in Marcy, New York.
2d
on MSN
North Carolina's Wolfspeed to receive $750 million for semiconductor plant
North Carolina's Wolfspeed Inc. has entered into an agreement with the Commerce Department to receive $750 million to help ...
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